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Pebblebrook Hotel Trust

157 hedge funds and large institutions have $1.87B invested in Pebblebrook Hotel Trust in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 67 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

18% more capital invested

Capital invested by funds: $1.58B → $1.87B (+$287M)

5.7% more ownership

Funds ownership: 100.2%105.9% (+5.7%)

5% more funds holding

Funds holding: 149157 (+8)

18% less repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 67

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
157
Holders Change
+8
Holders Change %
+5.37%
% of All Funds
5.09%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
55
Reduced
67
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$223M +$1.09M +39,830 +0.5%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$110M +$1.75M +64,071 +2%
Cohen & Steers
3
Cohen & Steers
New York
$104M +$64.7M +2,370,178 +191%
ClearBridge Investments
4
ClearBridge Investments
New York
$74.1M +$516K +18,896 +0.7%
Principal Financial Group
5
Principal Financial Group
Iowa
$71.7M +$6.49M +237,611 +11%
CIMLRA
6
CBRE Investment Management Listed Real Assets
Pennsylvania
$71.7M +$770K +28,200 +1%
Daiwa Securities Group
7
Daiwa Securities Group
Japan
$70.3M +$64.9M +2,376,217 +3,279%
BIT
8
BlackRock Institutional Trust
California
$70.2M +$1.95M +71,522 +3%
Invesco
9
Invesco
Georgia
$66.1M -$26.2M -959,244 -29%
Goldman Sachs
10
Goldman Sachs
New York
$51.1M -$534K -19,553 -1%
Lord, Abbett & Co
11
Lord, Abbett & Co
New Jersey
$50.3M -$8.71M -318,900 -15%
BFA
12
BlackRock Fund Advisors
California
$46.5M +$4.64M +170,077 +12%
Jennison Associates
13
Jennison Associates
New York
$38.2M -$1.31M -48,033 -3%
DPIM
14
Duff & Phelps Investment Management
Illinois
$36.3M +$14.7M +539,676 +75%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$34.9M +$1.02M +37,444 +3%
PAMU
16
Pictet Asset Management (UK)
United Kingdom
$33.7M +$3.81M +139,624 +14%
State Street
17
State Street
Massachusetts
$33.1M +$630K +23,091 +2%
Northern Trust
18
Northern Trust
Illinois
$32.7M +$1.2M +43,832 +4%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$31.7M -$40.8M -1,494,133 -58%
N
20
Nuveen
North Carolina
$30.6M +$21.6M +792,107 +290%
AllianceBernstein
21
AllianceBernstein
Tennessee
$27.9M +$13.5M +493,280 +103%
GKIM
22
GW&K Investment Management
Massachusetts
$27.4M +$9.08M +332,473 +54%
SAMC
23
Shinko Asset Management Company
Japan
$23.9M +$3.63M +133,106 +19%
AAMU
24
Amundi Asset Management US
Massachusetts
$23.6M -$7.2M -263,650 -24%
SAM
25
Silvercrest Asset Management
New York
$22.8M +$6.67M +244,267 +44%

PEB Hedge Fund Activity: Q3 2013 in Review

157 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pebblebrook Hotel Trust (PEB) for Q3 2013, worth a combined $1.87B — up 18% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PEB positions and 7 closed out — a net gain of 10 holders — while 55 added to existing stakes and 67 trimmed.

The largest buyer was Daiwa Securities Group, adding an estimated $64.9M. The largest seller was Wellington Management Group, cutting an estimated $40.8M.

  • 157 institutional investors held Pebblebrook Hotel Trust (PEB) as of Q3 2013, up from 149 in Q2 2013.
  • Funds reported $1.87B of Pebblebrook Hotel Trust stock for Q3 2013, up 18% quarter-over-quarter.
  • 17 funds opened new Pebblebrook Hotel Trust positions in Q3 2013 and 7 closed out, a net change of +10 holders.
  • The largest Pebblebrook Hotel Trust buyer in Q3 2013 was Daiwa Securities Group, an estimated $64.9M added.
  • The largest Pebblebrook Hotel Trust seller in Q3 2013 was Wellington Management Group, an estimated $40.8M sold.

Based on aggregated 13F filings for Q3 2013.